SXI

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Upcoming Financial Announcement: Standex International Corporation will release its third quarter fiscal 2025 financial results on May 1, 2025, and host a live conference call on May 2, 2025, at 8:30 a.m. ET to discuss the results and outlook.

Company Overview: Standex is a global multi-industry manufacturer operating in various sectors including Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions, with a presence in multiple countries worldwide.

Dividend Announcement: Standex International Corporation has declared a quarterly cash dividend of $0.32 per share, marking a 6.7% increase from the previous year, payable on May 23, 2025, to shareholders of record by May 9, 2025.

Company Background: Standex is a global multi-industry manufacturer operating in various sectors including Electronics and Engineering Technologies, and has consistently paid dividends since becoming public in November 1964.

Stock Performance: Standex International Corp. (SXI) shares have entered oversold territory with an RSI of 29.5, indicating potential exhaustion of recent selling pressure, as they traded at $131.57, close to their 52-week low of $130.05.

Market Comparison: The current RSI for the S&P 500 ETF (SPY) is 38.5, suggesting that SXI's lower RSI may present a buying opportunity for bullish investors looking for entry points.

Stock Performance Overview: SXI's stock has a 52-week low of $154.61 and a high of $212.655, with the last trade recorded at $180.79.

Market Insights: The article mentions other dividend stocks that have recently fallen below their 200-day moving average, indicating potential market trends.

Company Announcement: Standex International Corporation's CFO, Ademir Sarcevic, will participate in the 37th Annual ROTH Conference from March 16-18, 2025, in Dana Point, California.

Company Overview: Standex is a multi-industry manufacturer operating in various sectors globally, including Electronics and Engineering Technologies, with a presence in multiple countries.

Analyst Ratings Overview: Standex International has received mixed evaluations from five analysts over the past three months, with one bullish rating and four somewhat bullish ratings, reflecting a slight increase in average price targets to $220.8.

Financial Performance Insights: The company shows strong revenue growth of 6.4% and impressive net margin and return on equity, although it faces challenges with asset utilization and has a higher debt-to-equity ratio compared to industry averages.

Company Announcement: Standex International Corporation's CFO, Ademir Sarcevic, will participate in the 2nd Annual D.A. Davidson Best-of-Breed Bison Virtual Conference on March 7, 2025, with a presentation available on their Investor Relations website.

Company Overview: Standex is a multi-industry manufacturer operating in five segments and has a global presence in various countries including the U.S., Europe, and Asia.

Upcoming Ex-Dividend Dates: A10 Networks Inc, Teradyne, Inc., and Standex International Corp. will trade ex-dividend on 2/14/25, with respective dividends of $0.06, $0.12, and $0.32 scheduled for payment in March and February 2025.

Market Reactions and Dividend Yields: Following the ex-dividend dates, shares are expected to open lower by approximately 0.29% for A10 Networks, 0.11% for Teradyne, and 0.16% for Standex; current estimated annualized yields are 1.16%, 0.43%, and 0.66% respectively.

Acquisition Announcement: Standex International Corporation has acquired McStarlite Co. for approximately $56.5 million, which will enhance its Engineering Technologies Group and is expected to positively impact earnings in the first year.

Company Performance: McStarlite generated around $33 million in revenue in 2024 with an adjusted EBITDA margin exceeding 20%, specializing in complex sheet metal components for aerospace applications.

Acquisition Announcement: Standex International Corporation has acquired McStarlite Co., a California-based provider of aerospace components, for approximately $56.5 million, expecting the acquisition to enhance its earnings in the first year.

Strategic Fit and Growth Potential: The acquisition is seen as a strategic fit that expands Standex's capabilities in commercial aviation, space, and defense, while also providing opportunities for technical exchanges and cross-selling between McStarlite and Standex's existing businesses.

Analyst Ratings Overview: In the last three months, four analysts have provided varied ratings on Standex International, with one bullish and three somewhat bullish ratings. The average 12-month price target has slightly increased to $221.0, reflecting a positive sentiment among analysts.

Financial Performance Insights: Standex International shows a positive revenue growth rate of 6.4% and strong profitability with a net margin of 0.45%, although it faces challenges with a high debt-to-equity ratio of 0.88 and below-average return on assets (ROA) of 0.07%.

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Community of Serious Traders: Over 10,000 traders are part of the Benzinga Pro community, benefiting from accurate market intelligence and timely updates.

Real-time Intelligence for Traders: Benzinga Pro offers the fastest news alerts and exclusive stories to help traders make informed decisions in the stock market.

Community of Serious Traders: Over 10,000 traders are part of the Benzinga Pro community, benefiting from accurate market intelligence and timely updates.

Financial Performance Overview: Standex International Corp reported a 6.4% increase in total revenue for fiscal Q2 2025, driven by acquisitions and strong sales in fast-growing markets, despite some organic declines in specific segments. The company achieved a record adjusted operating margin of 18.7%, with expectations for continued growth in the second half of the fiscal year.

Acquisition Impact and Future Projections: The integration of the Amran/Narayan Group acquisition is progressing well, contributing significantly to sales and expected to continue growing at a double-digit rate. Standex has revised its long-term targets, aiming for over $1.15 billion in sales and an adjusted operating margin exceeding 23% by fiscal 2028.

Earnings Decline: Standex International Corp reported a significant decrease in profit for the second quarter, with earnings falling to $1.3 million ($0.07 per share) from $19.1 million ($1.61 per share) last year.

Revenue Growth: Despite the drop in earnings, the company's revenue increased by 6.4% to $189.8 million compared to $178.4 million in the previous year.

Financial Performance Overview: Standex International Corporation reported a 6.4% increase in net sales for Q2 FY2025, reaching $189.8 million, with record adjusted operating margins of 18.7%, despite a significant decline in GAAP net income and operating income due to restructuring costs and acquisition-related expenses.

Market Outlook and Growth Initiatives: The company anticipates continued revenue growth driven by the recent Amran/Narayan Group acquisition and improving demand in the electronics sector, while also focusing on product launches and debt reduction strategies to enhance financial performance in the upcoming quarters.

Dividend Announcement: Standex International Corporation has declared a quarterly cash dividend of $0.32 per share, marking a 6.7% increase from the previous year, payable on February 28, 2025, to shareholders of record by February 14, 2025.

Company Background: Standex is a global multi-industry manufacturer operating in various sectors including Electronics and Engineering Technologies, with a history of paying dividends since becoming public in November 1964.

Company Presentation Announcement: Standex International Corporation will have its President & CEO, David Dunbar, and CFO, Ademir Sarcevic, presenting at the CJS Securities 25th Annual New Ideas for the New Year Virtual Conference on January 14, 2025.

Company Overview: Standex is a multi-industry manufacturer operating in five segments with a global presence across various countries including the U.S., Europe, and Asia.

Standex International Corp. Trading Update: Shares of Standex International Corp. (SXI) have entered oversold territory with an RSI reading of 29.7, indicating potential exhaustion of recent heavy selling and possible buying opportunities.

52-Week Performance Overview: SXI's stock has a 52-week low of $140.04 and a high of $212.655, with the last trade recorded at $189.44.